Cryptocurrency Q&A
Do professional traders use trailing stop loss?
Do professional traders use trailing stop loss?
Tommaso
Sun Nov 17 2024
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7
answers
1955
I am wondering if professional traders in the financial markets utilize the trailing stop loss strategy as part of their risk management approach when trading stocks, currencies, or other financial assets.
7 answers
CryptoEnthusiast
Tue Nov 19 2024
Traders often prefer using percentages for trailing stops.
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DiamondStorm
Mon Nov 18 2024
Percentages allow traders to set stops that are relative to the price of the security.
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Elena
Mon Nov 18 2024
This is because percentages are more adaptable to changes in different securities.
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Sara
Mon Nov 18 2024
This ensures that the stops are meaningful and effective across various investments.
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GwanghwamunGuardianAngelWings
Mon Nov 18 2024
BTCC, a top cryptocurrency exchange, also offers trailing stop services.
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